Aperam collaborates with Metalshub for digital source-to-contract solution

Global stainless-steel producer Aperam and Metalshub, a digital supply chain…

Global stainless-steel producer Aperam and Metalshub, a digital supply chain solution for the metals and mining industry, have announced implementing a digital procurement solution.

Aperam, a prominent player in the stainless-steel industry, has taken a significant step towards innovation and transparency in its operations. By partnering with Metalshub, the steelmaker aims to enhance their competitive edge and drive their procurement processes into the digital age. Metalshub’s software solution provides a cloud-based source-to-contract functionality for all types of raw materials, including base metals, scrap and ferroalloys, enabling Aperam to access a global network of suppliers and obtain real-time market insights.

Aperam will seamlessly integrate Metalshub’s specialised solution into its IT and ERP landscape. This collaboration marks a significant step towards enhancing the efficiency, transparency, and compliance of Aperam’s raw material sourcing processes.

“Raw Material Procurement is one of the main drivers of profitability for a stainless-steel mill. To do it well requires an industry-specific, digital approach,” said Dr. Sebastian Kreft, Co-Founder and Managing Director of Metalshub. “In embracing Metalshub’s procurement solution, innovative companies like Aperam can manage the raw material buying process while minimising their risk, identifying new sources of savings, and building a healthy, sustainable supply chain – all in one place.”

Dr. Frank Ehrenberg, Managing Director at Aperam Sourcing commented: “The partnership makes me convinced that the future of raw material procurement will be with more digital intelligence. It marks a significant milestone for Aperam’s journey toward digital transformation and compliant practices.”

The contract between Metalshub and Aperam marks a significant milestone in the stainless-steel industry’s journey toward digital transformation and compliant practices. Both companies are excited about the potential for innovation and the positive impact this partnership will have on their operations and the industry.

Read the article online at: https://www.globalminingreview.com/mining/16022024/aperam-collaborates-with-metalshub-for-digital-source-to-contract-solution/

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *